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talks are under way. president obama warns the dire consequences if congress fails to raise our borrowing limits. in tonight's reality check, sam brock explains why most people should just take a deep breath. sam? >> raj, it would be therapeutic if nothing else. there is certainly little refuting the failure to raise the debt ceiling would send shock waves through the economy both national and global. that being said, president obama only fanned the flames today painting a picture of government catastrophe based on the facts seems a bit trumped up. >> ladies and gentlemen, the president of the united states. >> reporter: in the first press conference of his second term, president obama wasted little time scaring the day lights out of millions of americans who rely on government paychecks for one service or another, of the consequences of a u.s. default. >> may not be able to pay our troops or honor our contracts with small business owners. food inspectors, air traffic controllers, specialists who track down nuclear materials wouldn't get their paychecks. >> reporter: the preside
president obama be blamed? one of the most accomplished washington insiders is speaking out about mr. obama. we sit down with the former secretary of labor robert reich. he also talks about dating hillary clinton. he's a colorful man. tonight the interview with uc berkeley professor robert reich. though he stands just 4'10" robert reich is a giant. from the beltway to berkeley. >> my first whiff of berkeley was this mixture of eucalyptus/marijuana/tear gas. i thought, i've arrived. >> arrived in 1968 as a grad student and, since then, reich has not just seen the world but has helped shape it. >> trickle-down economics is bunk. it always was. >> the left leaning reich has worked for several presidents. his relationship with mr. clinton is dynamic thanks in part to mrs. clinton. >> i knew bill clinton when he was 22. both of us were rhodes scholars together. we were assigned to the same college at oxford, became good friends. and even before that, when i was an undergraduate, i knew hillary. she was an undergraduate. >> did you go out on a date with hillary clinton? is that the buzz? >> i thi
. >>> this monday barack obama will be sworn in for a second term. nbc bay area's joe rosato jr. talked to one man who has been there many times before. >> it was 1968 and we have to go protest nixon. >> reporter: production to the pomp and circumstance of the presidential inauguration. wasn't exactly well planned. >> on the way to washington i'm sitting between two guys with helmets and gas masks. and going i don't know if i really want to be with these guys. >> reporter: once he arrived in washington for the swearing in of president richard nixon, he soon discovered celebrations everywhere he looked. it was kind of cool. >> reporter: since then the san francisco press agent has attended nearly every presidential swearing in. >> the chamber door opens. >> reporter: he took his mom to president carter's. >> the president came through and so that was -- that was very memorable to take your mom to an inaugural ball. >> and will to the best of my ability -- >> reporter: and ronald reagan. >> when reagan had his inaugural i went because i had connections and went to a number of the parties and had a v
'll talk to two men who have known the disgraced cyclist for years, including one of his former teammates. >>> still to come, washington, d.c., gears up for president obama's inauguration. >>> plus, the notre dame football star player caught in the middle of the fake girlfriend hoax speaks out for the first time. first, these messages. thing. this year, don't just take time off. put time in. turn spending time with your family into spending time as a family. at the one place where every heart-pounding, jaw-dropping, goose-bumping second counts. it's your vacation. don't just take it. mean it. universal orlando. vacation like you mean it. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescri
Search Results 0 to 3 of about 4